About Mobile Video Surveillance -
Mobile Video Surveillance is a comprehensive security and surveillance solutions which comprises of hardware such as cameras and sensors along with sophisticated programmed software providing video analytics along with other solutions. Due to rising demand for modern safety and security solutions from the enterprises and government, the market of the mobile video surveillance is expected to accelerate. Decreasing Costs of cameras and secure option to save digital evidences in case of uncertain situations also leads to rising popularity of mobile video surveillance solutions. Although rising competition especially from cheaper Chinese alternatives is expected to crowd up the market for global players. Asia Pacific along with North American are the two significant markets of the mobile video surveillance.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.0% |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bosch Security Systems (Germany), Axis Communications (Sweden), Avigilon Corporation (Canada), Hangzhou Hikvision Digital Technology Co., Ltd. (China), Dahua (China), Hanwha Techwin (South Korea), Pelco Inc. (United States), FLIR Systems Inc. (United States), United Technologies Corporation (United States) and Dallmeier electronic GmbH & Co.KG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Apollo Video Technology, LLC (United States), Tyco Ireland Ltd. (Ireland) and 3xLOGIC, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Mobile Video Surveillance - market by , Application (Trains and Metros, Public Buses, Police Cars, Drones and Others) and Region.
On the basis of geography, the market of Mobile Video Surveillance - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Mobile Video Surveillance - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Government will boost the Mobile Video Surveillance - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware {Cameras, Sensors, Storage Solutions, Electronics Accessories} will boost the Mobile Video Surveillance - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Video Analytics Segment is rising in Popularity along with Drone Based Mobile Video Surveillance
Market Growth Drivers:
Decreasing Costs of the Cameras and Related Hardware has also been Major Factor for the Growth of the Mobile Video Surveillance Adoption
Challenges:
Presence of Large Number of Players in the Market
Restraints:
Lack of Skilled Professionals to Install and Maintain the Surveillance Hardware in many Developing Countries
Opportunities:
Drone Based Segment is expected to Grow Further with Emergence of Small and Micro Drones
Market Leaders and their expansionary development strategies
In February 2020, Motorola Solutions, Inc., a United States based data communications and telecommunications equipment provider has announced acquisition of Pelco Inc., which is a security and surveillance technologies company. The acquisition was valued at USD 110 million, all in cash. The acquisition of Pelco will help Motorola leverage its offerings in the market and increase its geographical presence integrating Pelco’s supply chain with its own.
In November 2023, Axis Communications launched a new series of next-generation bullet cameras: AXIS Q18 Series. These cameras detect and classify moving objects using AXIS Object Analytics.
Key Target Audience
Mobile Video Surveillance Providers, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.